Carlyle Group LP, the world’s second-biggest manager of alternative assets such as private equity and real estate, hired Jeff Holland as head of the private client group in a push to expand its base of individual investors.
Hellman & Friedman LLC is planning a new fund similar in size to its $8.9 billion predecessor, which would make it the largest private-equity fund this year, according to two people with knowledge of the fundraising.
When former JPMorgan Chase & Co. executive Mike Cavanagh arrives at Carlyle Group LP this summer, he’ll be asked to expand a firm that’s fallen behind rivals even as it delivers some of the best returns in private equity.
Look beyond the messy initial public offering of Japan Display Inc. and there’s a surprising tale in the numbers: Japan’s government helped combine three struggling businesses, restructure them to turn the combined entity profitable -- and made money in the process.
Carlyle Group LP’s partners are reaching into their wallets to bail out one of the private- equity firm’s first investments in Brazil, seeking to protect its growing business in South America’s biggest economy.
Japan Display Inc., a merger of three struggling screen-makers that’s supported by a government- backed fund, posted the worst debut of any Asia-Pacific initial public offering worth at least $1 billion since 2008.